``Russian gas may soon be flowing into China, the latest move in a raw game of energy power politics being played between Moscow and the European Union. The move allows energy Gazprom (OGZPY), and Russia in general, to expand its trade with Asia, a hugely symbolic move that breaks with its long tradition of sending its gas westwards to Europe. As such, it could reduce Russia's vulnerability to EU moves to reduce its own dependence on Moscow in the wake of the crisis in Ukraine.

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[The amount is equivalent to] about a quarter of what China currently consumes in a year... Russian news agencies quoted Gazprom CEO Alexei Miller as putting a $400 billion tag on the overall value of the contract, which will run for 30 years.